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Tag Archives: taxes

Gov’t loses Shs1.6tn in untaxed Illicit alcohol – Report

Kampala, Uganda | THE INDEPENDENT | The Uganda Alcohol Industry Association has launched an industry report that sheds light on the trade and consumption of Illicit alcohol in Uganda. Among other revelations, the report found that the government of Uganda loses approx.1.6 trillion in unrealized taxes due to evasion of tax …

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Can Ugandans tax burden get any worse?

Kampala, Uganda | THE INDEPENDENT | How does it matter that the tax on an individual’s contributions to the National Social Security Fund is deferred to the time of withdrawal of the benefits, as had earlier been proposed by the NSSF? The media reports that the government plans to tax the …

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Gov’t starts engaging gold dealers over decline in taxes

Kampala, Uganda | THE INDEPENDENT | Government has started engaging owners of gold companies so as to reach an understanding over the new taxes imposed on gold. This is after the Ministry of finance reported that the country lost over 470 billion Shillings in taxes on the exportation of gold due …

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Government accuses KACITA leadership of dishonesty

Kampala, Uganda | THE INDEPENDENT | As the government moves to meet traders over an impending strike by importers of textile and textile products over taxes, the Ministry of Finance, Planning and Economic Development, and the Uganda Revenue Authority are accusing the traders leadership of dishonesty. Kampala City Traders Association, KACITA …

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UNBS scraps audit, surveillance fees for Q-Mark

Kampala, Uganda | THE INDEPENDENT | The Uganda National Bureau of Standards has reduced the cost of certifying a product, following continuous complaints from manufacturers. UNBS has also phased out some costs altogether including Initial Audit Fees of 250,000 Shillings and Surveillance Audit Fees of 250,000. Sylvia Kirabo, the Head …

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Gulu city starts property valuation to boost local revenue

Gulu, Uganda | THE INDEPENDENT | Gulu City Council has started valuation of all properties to be taxed in the next five years. Gulu City’s revenue collection for the financial year 2020/2021 was projected at 4.7 Billion Shillings but only 1.8 Billion Shillings was realized. Geoffrey Oyoo, the Gulu City senior …

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